Discover how Monte Carlo analysis helps investors assess risk and make informed decisions. Explore its role in generating ...

Provided content. One ball on a Plinko board is unpredictable. Drop a thousand and they form a near-perfect bell curve—one of math’s most powerful ideas for 150+ years.

A multifractal spectrum called a weighted Cantor set model can describe how galaxies cluster, which is similar to other ...

At age 73, most retirees must start required minimum distributions from pretax accounts. Certain heirs with an inherited individual retirement account also must take RMDs. For retirees, your first RMD ...

Interest Rate Probability Distributions Implied by Derivatives Prices is a daily measure of the distribution of future short-term interest rates, calculated from prices of fixed-income derivatives ...

A variation of a puzzle called the “pick-up sticks problem” asks the following question: If I have some number of sticks with random lengths between 0 and 1, what are the chances that no three of ...

I have been studying planetary defense, particularly being part of past, ongoing, and future small body missions. I was part of the NASA/DART mission. I am currently part of the NASA/Lucy mission and ...

Life is uncertain. None of us know what is going to happen. We know little of what has happened in the past or is happening now outside our immediate experience. Uncertainty has been called the ...

Roth 401(k) owners can now completely avoid RMDs while maintaining their accounts. Inherited IRA owners may be able to forego an RMD this year, but they might want to take it anyway. You can avoid ...

The mathematician Daniel Litt has driven social media users to distraction with a series of simple-seeming but counterintuitive probability puzzles. In late January, Daniel Litt posed an innocent ...

Scottie Scheffler's incredible PGA Tour season has set himself up with a massive lead in the FedEx Cup standings as the FedEx Cup Playoffs begin this week. Scheffler's lead in the standings over ...